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Why I’m buying AUDUSD: Coleman

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Ian Coleman of First4Trading.net explains in a technical analysis of charts why he is trading AUDUSD. 

He is aiming to buy AUDUSD at 0.7560 with a stop at 0.7510. The targets are 0.7710 and 0.7727.

Coleman explains the background to a selected trade every Tuesday on TradingFloor.com.